Silicon Valley Bank and the Psychology of Money
Techstream is back! While we were gone, Apple announced a new yellow iPhone and Bob Iger echoed a superhero sentiment Shelly once shared. We catch up on some quick news stories. Silicon Valley Bank had a rough week last week. The government came to the rescue and the FDIC guaranteed depositors will get their money back. We talk about what happened, the “self-fulfilling prophecy” at play, and the true magic of SVB. Speaking of money, the show has tracked quiet quitting to laying flat to new layoffs, but we have not seen a lot of changes in sociological attitudes. Everything is more expensive now, yet every restaurant you visit is packed. How is this possible? We try to make sense of it. Are you looking for the next must-attend tech event? Shelly shares details on the Possible Conference and NAB Show, and why you need to be at each.